Category Archives: Real Estate News

Changes Ahead for Mortgage Servicing

Page 1 of 2 | Next PageShow Entire Article Diana Olick is off today. This post was written by Stephanie Dhue, CNBC Real Estate Producer. Robo-signing, lost paperwork and wrongful evictions have put mortgage servicers under the gun. Banking Committee … Continue reading

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Vacant Homes Will Drown Housing Recovery

Page 1 of 3 | Next PageShow Entire Article A real estate source I knew recently told me about a guy he knows in Atlanta who has been hired by several different banks to winterize their REO’s (real estate owned, … Continue reading

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Home Sales Contracts Rise, But Cancellations Run High

Page 1 of 3 | Next PageShow Entire Article Last month, the National Association of Realtors reported a huge jump in cancellations of pending home sale contracts. 16 percent of contracts didn’t make it to closing, up from a norm … Continue reading

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Mortgage Interest Deduction Big in Budget Play

Page 1 of 2 | Next PageShow Entire Article It’s not like the housing market needs any more headwinds, so here’s the government potentially giving us another: The mortgage interest deduction is back in big play in the budget deal. … Continue reading

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Mortgage Bankers Reverse Course on Loan Limits

Page 1 of 3 | Next PageShow Entire Article It was barely a few months ago, albeit a few thousand degrees ago, that I moderated a panel of mortgage types from the major banks, including the Mortgage Bankers Association’s new … Continue reading

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